Azov Sea News

 

Steel Billionaire Vladimir Lisin Sells Sea of Azov Shipping Firm

Jul 20, 2026

Russian steel billionaire Vladimir Lisin has sold a shipping firm operating in the Sea of Azov to companies affiliated with agricultural logistics group Demetra, four industry sources said, adding the deal was struck before Ukrainian drone attacks on commercial vessels led to shipping restrictions in the area.Volga Shipping, which operates small bulk carriers similar to those targeted by Ukraine, carries grain…

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